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Private sugar mills expansion leads to increased production in 2022/2023. El Nino, which usually increases sugar content in sugarcane and continues area expansion by private sugar mills is forecast to further increase plantation white sugar production in 2023/24 to 2.6 million metric tons (MMT).
Indonesian cotton imports in 2023/24 are forecast to remain stable at 2.0 million bales assuming spinners will use more inventory on hand before making new purchases.
Indonesia currently imports 65 percent of the raw materials needed for its growing food processing industry.
This report modifies the rice consumption, trade, and stocks analysis of the 2023 Grain and Feed Annual for Indonesia in light of new official information.